12 September 1989 Income Tax Severed Letter AC58401 - Bonds and Coupons Qualified Investments for Deferred Income Plan

By services, 22 July, 2022
Official title
Bonds and Coupons Qualified Investments for Deferred Income Plan
Language
English
Document number
Citation name
AC58401
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
657944
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1989-09-12 08:00:00",
"field_tags": []
}
Main text
5-8401
                                        A.B. Adler
                                        (613) 957-8962

19(1)

September 12, 1989

Dear Sirs:

This is in reply to your letter of July 25, 1989, and is further to our of July 12, in which you further requested our views whether certain bonds and their separated coupons would be qualified investments under subparagraph 4900(1)(i)(iii) of the Income Tax Regulations.

As indicated in paragraph 23 of our Information Circular No 70-6R, we do not provide written opinions on proposed transactions. However, in accordance with our usual practice we provided you with our general comments in our July 12, letter. Should you wish to pursue this matter further we suggest that you request a ruling.

We trust that our comments will be sufficient for your purposes.

Yours truly,

for Director Financial Industries Division Rulings Directorate